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Economy

Accelerate capital accumulation: RBA

The head of the Reserve Bank believes lenders should speed up their capital accumulation while they still can.

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Non-banks to gain from ECB moves

Local lenders will have access to cheaper funding after the European Central Bank (ECB) slashed interest rates last week.

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No logic to 'archaic' ADI law, says Firstmac

Firstmac has criticised the prudential regulator for enforcing a rule prohibiting the lender from obtaining a banking licence.

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Distribution the key to scale: YBR

Yellow Brick Road’s chief executive has emphasised the importance of scale as the group finalises its latest acquisition.

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Industry exec questions FHB numbers

A top executive has questioned below-trend first home buyer numbers.

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Digital settlements to revolutionise competition

Electronic mortgage settlements will transform competition as lenders race towards technology, transparency and service.

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RBA rate announcement

The Reserve Bank of Australia has today announced the outcome of its fifth board meeting of the year.

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Gadens appoints banking partner

Law firm Gadens yesterday announced the appointment of banking and finance practitioner Tim Lipscombe as partner, effective 1 June.

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LA sues JPMorgan over 'predatory' mortgages

The US city of Los Angeles filed a lawsuit on Friday accusing JPMorgan Chase & Co. of channelling minority borrowers into risky home loans, according to the Los Angeles Times.

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Bluestone joins Connective panel

The Australian lending market received a boost to competition recently, with a new addition to the Connective lender panel.

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